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BABA INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Filed Against Alibaba Group Holding Limited

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Alibaba Group Holding Limited (“Alibaba” or the “Company”) (NYSE: BABA) from July 20, 2020 through November 3, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934.

If you purchased Alibaba securities, and/or would like to discuss your legal rights and options please visit BABA Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected]

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) Ant Group did not meet listing qualifications or disclosure requirements for certain material matters; (ii) certain impending changes in the Fintech regulatory environment would impact Ant Group’s business; (iii) as a result of the foregoing, Ant Group’s IPO was reasonably likely to be suspended; and (iv) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On November 2, 2020, Financial Times reported that Chinese regulators had met with Ant Group’s controller Jack Ma, executive chairman Eric Jing, and Chief Executive Officer Simon Hu. The article stated that, though regulators did not provide details, “the Chinese word used to describe the interview yuetan generally indicates a dressing down by authorities.” The article also included a statement from Ant Group that it will “implement the meeting opinions in depth.”

On November 3, 2020, the IPO was suspended because Ant Group “may not meet listing qualifications or disclosure requirements due to material matters” related to the meeting with regulators the previous day and “the recent changes in the Fintech regulatory environment.”

On this news, Alibaba’s American Depository Share price fell $25.27 per share, or 8%, to close at $285.57 per share on November 3, 2020, on unusually heavy trading volume.

If you wish to serve as lead plaintiff, you must move the Court no later than January 12, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Alibaba securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/alibabagroupholdinglimited-baba-shareholder-class-action-lawsuit-stock-fraud-344/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information

Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]



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Empire State Realty Trust Achieves Fitwel Certification Across 6.7 Million Square Feet for Six of its New York City Properties

PR Newswire

NEW YORK, Dec. 17, 2020 /PRNewswire/ — Empire State Realty Trust (NYSE: ESRT) announced today that six of its properties have achieved Fitwel certification and that ESRT is a Fitwel Champion. ESRT’s Fitwel certified properties represent 6.7 million square feet and approximately 83 percent of ESRT’s New York City portfolio of properties.  

Fitwel is a rigorous third-party healthy building certification system operated by the Center for Active Design (CfAD). Fitwel was created as a joint initiative between the U.S. Centers for Disease Control and Prevention (CDC) and the General Services Administration (GSA) to set the industry standard for evidence-based strategies that promote positive health outcomes for building occupants and communities. Fitwel translates global scientific and industry expertise into practical approaches that address our greatest health challenges.

The Empire State Building, 111 West 33rd Street, 1350 Broadway, and 1400 Broadway have all earned Fitwel 2 Star Ratings, while One Grand Central Place and 250 West 57th Street have earned Fitwel 1 Star Ratings. These Fitwel certifications were awarded to ESRT for its leadership in health and sustainability achievements, which include:

  • Indoor Air Quality
  • Walkability and proximity to transit
  • A comprehensive Green Purchase Policy
  • Access to clean water refill stations
  • Ground floor amenities such as retail and food establishments
  • Fitness and dedicated conference facilities
  • Informative health programs for tenants and employees
  • A comprehensive emergency preparedness plan

A model of how to ease business’ efforts to return employees to work, ESRT’s pathway for tenants’ confident return to their offices aims to restore company culture, increase productivity, and drive the bottom line.

“ESRT believes healthy, high-performance buildings have the power to improve employee productivity and wellness. We are a leader in sustainability, health, and wellness in office spaces and are pioneers in the optimization of the tenant and employee experience. ESRT’s strategies and technologies allow employees to return to the office with confidence,” said Dana Robbins Schneider, SVP of Energy, Sustainability and ESG at ESRT. “Our Fitwel certifications reinforce ESRT leadership and commitment to environmental, social, and governance (ESG) standards leadership.”

For over a decade, ESRT has consistently ensured the highest quality of the in-building experience for its employees and tenants. A leader in the energy efficiency and sustainability domain, ESRT is a recent recipient of the GRESB 5 Star Rating, widely recognized as the most rigorous standard for the sustainability performance of real estate companies and their funds. ESRT announced that in its first year of submission to GRESB, the company received the highest possible GRESB 5 Star Rating and Green Star recognition. With a score of 88 in the 2020 GRESB Real Estate Assessment, ESRT’s achievement places the company in the top 20% of all respondents. 

ESRT is also the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types focused on operational policies, maintenance protocols, emergency plans, and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future.

Joanna Frank, President, and CEO of CfAD stated, “We are excited to welcome ESRT as a Fitwel Champion and congratulate ESRT on certification across many of their assets, including the world-famous Empire State Building. ESRT has long been an industry leader with great influence, and this successful implementation of Fitwel across their existing assets brings greater awareness to the critical area of health and wellness, providing inspiration for the entire commercial real estate industry.”

About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World’s Most Famous Building.” ESRT is a leader in energy efficiency in the built environment and sustainability and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future.

In its first year of submission, ESRT has earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT in the top 20% of all respondents.  GRESB is recognized globally as a rigorous standard widely recognized as one of the best measures of sustainability performance of real estate companies and funds.

The Company’s office and retail portfolio covers 10.1 million rentable square feet, as of  September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. 

About Fitwel and the Center for Active Design
In just three years, Fitwel has become the leading global health certification system, seeing a dramatic uptick in use, with 80% growth in certifications annually. Generated by expert analysis of over 5,600 academic research studies, Fitwel is implementing a vision for a healthier future where all buildings and communities are enhanced to strengthen health and well-being. Fitwel was created by the U.S. Centers for Disease Control and Prevention and U.S. General Services Administration. The Center for Active Design, a global not-for-profit organization, was selected as the licensed operator of Fitwel, charged with expanding Fitwel to the global market.

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SOURCE Empire State Realty Trust, Inc.

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SoCalGas Statement on California Public Utilities Commission Approval of Renewable Natural Gas Tariff

PR Newswire

LOS ANGELES, Dec. 17, 2020/PRNewswire/ — Today, the California Public Utilities Commission approved SoCalGas and SDG&E’s request to offer a voluntary Renewable Natural Gas (RNG) Tariff.  The program will allow households and businesses to purchase RNG from the utilities.  SoCalGas issued the following statement in support of the decision:

“The approval of the Renewable Natural Gas Tariff is an important step in achieving California’s climate goals. SoCalGas supports those goals.  With this new program, natural gas customers will soon have the ability to purchase renewable natural gas (RNG) to fuel their homes and businesses, similar to renewable energy programs available to electric customers.

“RNG is made from organic waste from dairies, landfills and with the passage of AB 3163 can now be sourced from dead trees, agricultural waste and vegetation removed for wildfire mitigation.  It is the only renewable energy source that can be carbon negative.  Experts at the Lawrence Livermore National Laboratories sayCalifornia will need to remove 125 million tons of CO2 from the atmosphere per year to achieve carbon neutrality.  And they found that converting organic waste to clean fuels like RNG holds the greatest potential for negative emissions at the lowest cost.

“SoCalGas is helping to build California’s 21st century energy system with investments in RNG, hydrogen, fuel cells and carbon capture and storage. The voluntary Renewable Natural Gas Tariff is one of those building blocks and part of SoCalGas’ commitment to deliver 20 percent RNG to its core customers by 2030. 

“The gas system complements and is a necessary facilitator of decarbonization.  California’s success in achieving its climate change goals depends in large measure on SoCalGas’s success in decarbonizing the fuels flowing through our grid, a goal to which SoCalGas is fully committed.”

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/socalgas-statement-on-california-public-utilities-commission-approval-of-renewable-natural-gas-tariff-301195552.html

SOURCE Southern California Gas Company

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North Arrow Announces Addition of Torrie Chartier to Board of Directors

VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) — North Arrow Minerals Inc. (TSXV-NAR) is pleased to announce that Ms. Torrie Chartier has been elected as an independent director to the Company’s board of directors, increasing the number of directors to five.

Ken Armstrong, President and CEO of North Arrow, stated, “It is a pleasure to welcome Torrie Chartier to the North Arrow board. Ms. Chartier is an experienced industry professional and North Arrow will benefit from her expertise and advice as the company takes advantage of improving diamond market sentiment to advance our Canadian diamond exploration projects in 2021, including an important $5.6 million, 1,500 to 2,000 tonne bulk sample program at the Naujaat Diamond Project, fully financed and set to start in June 2021.”

Ms. Chartier presently serves as CFO and a Director of Uravan Minerals Inc., and as Principal and Company Manager of Elbow River Helicopters, both Calgary based businesses. In addition to her involvement in the junior exploration sector as a financial executive, Ms. Chartier also brings to the role over 20 years of experience as a diamond exploration geologist. Ms. Chartier holds a BSc. from Lake Superior State University (1984), M.Sc. from Michigan Technology University (1986) and an MBA from the University of Calgary, Alberta (2003). In the 1980-90’s, Torrie worked as an independent consultant and diamond geologist in exploration projects for various junior companies and was directly involved in the discovery of kimberlites in Michigan, NWT, Nunavut, and Greenland.

The Company also announces that, pursuant to the North Arrow Stock Option Plan, a total of 400,000 incentive stock options have been granted to a director of the Company. The stock options are exercisable to acquire one common share of North Arrow at $0.10 per share and can be exercised until December 17, 2025.

About North Arrow Minerals

North Arrow is a Canadian based exploration company focused on the identification and evaluation of diamond exploration opportunities in Canada. North Arrow’s management, board of directors and advisors have significant successful experience in the global diamond industry. North Arrow’s most advanced project is the Q1-4 diamond deposit at the Naujaat Project (NU), where funding is in place through an agreement with Burgundy Diamond Mines Limited (ASX – BDM), for a 1,500 to 2,000 tonne bulk sample in 2021. North Arrow has discovered and is evaluating diamond-bearing kimberlite fields at the Mel (NU) and Pikoo (SK) Projects and is evaluating and exploring for additional kimberlites at the Loki and LDG JV Projects (NWT). The Company also maintains a 100% interest in the Hope Bay Oro Gold Project (NU), located approximately 3 km north of TMAC Resources’ Doris Gold Mine.

The contents of this news release have been reviewed by Ken Armstrong, P.Geo. (NWT/NU, ON), President and CEO of North Arrow and a Qualified Person under NI 43-101. 

North Arrow Minerals Inc.

/s/ “Kenneth A. Armstrong”

Kenneth Armstrong
President and CEO

For further information, please contact:
Ken Armstrong
Tel: 604-668-8355 or 604-668-8354
Website: www.northarrowminerals.com 

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility

for the adequacy or accuracy of this release.

This news release contains “forward-looking statements” including but not limited to statements with respect to North Arrow’s plans, the estimation of a mineral resource and the success of exploration activities. Forward-looking statements, while based on management’s best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to general economic and market conditions; closing of financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in mineral resources or grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations. Although North Arrow has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. North Arrow undertakes no obligation or responsibility to update forward-looking statements, except as required by law.



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LVS INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Las Vegas Sands Corporation

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action that has been filed on behalf of investors that purchased or acquired the securities of Las Vegas Sands Corp. (“Las Vegas Sands” or the “Company”) (NYSE: LVS) between February 27, 2016, and September 15, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the District of Nevada alleges violations of the Securities Exchange Act of 1934.

If you purchased Las Vegas Sands securities, and/or would like to discuss your legal rights and options please visit Las Vegas Sands Shareholder Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) weaknesses existed in Marina Bay Sands’ casino control measures pertaining to fund transfers; (ii) the Marina Bay Sands’ casino was consequently prone to illicit fund transfers that implicated, among other issues, the transfer of customer funds to unauthorized persons and potential breaches in the Company’s anti-money laundering procedures; (iii) the foregoing foreseeably increased the risk of litigation against the Company, as well as investigation and increased oversight by regulatory authorities; (iv) Las Vegas Sands had inadequate disclosure controls and procedures; (v) consequently, all the foregoing issues were untimely disclosed; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

On July 19, 2020, Bloomberg News reported that Las Vegas Sands had settled a lawsuit brought by a former patron, Wang Xi, meeting his demand for a S$9.1 million payment. Wang Xi had sued the Marina Bay Sands to recover funds that the casino allegedly transferred to other patrons from his casino deposit accounts in 2015 without his approval which triggered a probe into the casino by local authorities. Bloomberg News also reported that the U.S. Department of Justice was also scrutinizing whether anti-money laundering procedures had been breached in the way the Singapore casino handles high rollers. On this news Las Vegas Sands’ stock price fell $1.41 per share, or 2.9% to close at $47.28 per share on July 20, 2020.

On September 16, 2020, Bloomberg reported that the Marina Bay Sands, a Las Vegas Sands’ Singapore-based casino, “hired a law firm to conduct a new investigation into employee transfers of more than $1 billion in gamblers’ money to third parties according to people familiar with the matter.”

On this news, the Las Vegas Sands’ stock price fell $2.18 per share, or 4.2% to close at $49.67 per share on September 16, 2020.

If you wish to serve as lead plaintiff, you must move the Court no later than December 21, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Las Vegas Sands securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/lasvegassandscorporation-lvs-shareholder-class-action-lawsuit-stock-fraud-319/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]



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LiveSafe Named to Northern Virginia Technology Council’s 100 Most Innovative Technology Companies of 2020

Leader Carolyn Parent Also Recognized as 2020 Top Executive

Arlington, VA, Dec. 17, 2020 (GLOBE NEWSWIRE) — LiveSafe, the Vector Solutions brand for mobile risk intelligence solutions for safety and security incident prevention, response, and communication, is pleased to announce that the Northern Virginia Technology Council (NVTC) has selected LiveSafe for its 100 most innovative technology companies in 2020, as well as recognized LiveSafe CEO Carolyn Parent as a NVTC Tech 100 Executive. This is LiveSafe’s third year making the list.

The NVTC Tech 100 honors the most groundbreaking companies, leaders and innovators within the Greater Washington region’s technology community. This year’s program attracted nearly 200 nominations that were carefully reviewed and considered by a panel of independent judges including Joel Kallett, Managing Director of Clearsight Advisors; Sam Maness, Managing Director of Defense and Government Services Investment Banking at Raymond James & Associates, Inc.; and Jean Stack, Managing Director Global Technology and Services team and Co-Head of Government Services Investment Banking practice at Baird.

“While this year has presented numerous challenges to every organization and individual, it is encouraging to see so many of the area’s tech companies and executives remain resilient and committed to the health and wellbeing of their employees, the success of their companies, and industry achievement. Congratulations to LiveSafe and Leader Carolyn Parent for being named a 2020 NVTC Tech 100 honoree and for the positive impact they’ve made in our region,” said Jennifer Taylor, NVTC President and CEO.

“Vector Solutions celebrates this impressive accomplishment by the LiveSafe brand, and we are honored to have them as part of our team,” said Vector Solutions CEO Marc Scheipe. “Under Carolyn Parent’s leadership, LiveSafe has continued to deliver word-class solutions to protect communities and serve everyday heroes, empowering them to make safer, smarter, and better decisions for their organizations, employees, and customers. Congratulations to Carolyn and our entire LiveSafe team on being recognized as groundbreaking leaders within the technology industry.”

This year, LiveSafe expanded its products and offerings during the global COVID-19 pandemic with the launch of the popular WorkSafe back-to-work product, which enables organizations to detect potential COVID-19 infections, prevent outbreaks, and reduce legal liability, while maintaining the privacy and security of employee health information. LiveSafe also experienced tremendous user growth, with an increase of nearly 63 percent over last year. LiveSafe now actively protects nearly 6 million people across commercial enterprises, educational institutions, and government agencies.

In October 2020, LiveSafe was acquired by Vector Solutions, the leading provider of software solutions for learning, operational readiness, workforce management, and risk reduction, adding LiveSafe’s award-winning real-time mobile risk prevention, reporting, and response capabilities into the Vector Solutions product portfolio. LiveSafe customers will be presented with even more solutions and products in 2021 as the LiveSafe brand transitions to Vector Solutions, bringing more resources to businesses, government agencies, and school communities. The LiveSafe product will keep its name and become Vector LiveSafe, providing the same great solutions and functionality releases, including the Vector WorkSafe solution. Additionally, LiveSafe customers will now have access to Vector’s entire suite of solutions to help manage and report training, credentials, incidents, hazards, schedules, shifts, and more. Learn more here.

About Vector LiveSafe

LiveSafe, a Vector Solutions product, is a leading mobile risk intelligence solution for safety and security incident prevention, response and communication. Its platform surfaces early warning insights and prevents serious safety and security incidents to mitigate operational risks, reduce financial losses, and make places safer for people to work, learn, and live. LiveSafe’s popular WorkSafe back-to-work options and packages enable organizations to detect potential COVID-19 infections, prevent outbreaks, and reduce legal liability, while maintaining the privacy and security of employee health information. Learn more at www.livesafemobile.com

About Vector Solutions

Vector Solutions is the leading provider of award-winning, intelligent SaaS solutions that help organizations and individuals operate at the highest level and prepare for more challenging workplaces and environments. Providing industry-focused solutions that connect content and technology, its unique product set includes learning management, continuing education (CE), compliance training, workforce scheduling, safety management and more. Its extensive online and mobile learning library features carefully curated world-class content to meet the unique needs of professionals in the industrial, engineering, education, and public safety industries. Reaching more than 19 thousand clients and 14 million users worldwide, Vector’s mission is to serve everyday heroes by delivering intelligent software solutions that empower them to make safer, smarter, better decisions. The company was founded in 1999 and is headquartered in Tampa, Florida. For more information, visit www.vectorsolutions.com. Follow us on Twitter @VectorPerform and on Facebook at www.facebook.com/VectorPerformance.

Attachment 



Kara Schafer
Vector Solutions
8138642664
[email protected]

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Blue Water Acquisition Corporation Announces Closing of $57.5 Million Initial Public Offering, Including Full Exercise of the Underwriter’s Over-Allotment Option

PR Newswire

GREENWICH, Conn., Dec. 17, 2020 /PRNewswire/ — Blue Water Acquisition Corporation (NASDAQ: BLUWU) (the “Company”), a special purpose acquisition company, announced today that it closed its initial public offering of 5,750,000 units, which includes 750,000 units issued pursuant to the full exercise by the underwriter of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $57,500,000. Each unit consisted of one share of the Company’s Class A common stock and one redeemable warrant to purchase one share of Class A common stock at an initial exercise price of $11.50 per share.

The units are listed on The Nasdaq Capital Market (“Nasdaq”) and began trading under the ticker symbol “BLUWU” on December 15, 2020. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on Nasdaq under the symbols “BLUW” and “BLUWW,” respectively. Blue Water Acquisition Corporation was founded by Joseph Hernandez, a life sciences entrepreneur.

Maxim Group LLC acted as sole book running manager in the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on December 15, 2020. The offering was made only by means of a prospectus, copies of which may be obtained by contacting Maxim Group LLC, 405 Lexington Ave Second Floor, New York, NY 10174 at 212-895-3745. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s separation of units and listing of common stock and warrants. No assurance can be given that such separate trading and listing will occur on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Russo Partners

David Schull

(858) 717-2310
[email protected]

Ignacio Guerrero-Ros, Ph.D.
(646) 942-5604
[email protected]

Cision View original content:http://www.prnewswire.com/news-releases/blue-water-acquisition-corporation-announces-closing-of-57-5-million-initial-public-offering-including-full-exercise-of-the-underwriters-over-allotment-option-301195542.html

SOURCE Blue Water Acquisition Corporation

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Fundamental Income Adds Broadstone Net Lease (NYSE: BNL) to its Proprietary Net Lease Real Estate Index (NETLXT), calculated by Nasdaq, as Public Net Lease Sector Expands Amidst Market’s Hunt for Yield & Liquidity

Fundamental Income Adds Broadstone Net Lease (NYSE: BNL) to its Proprietary Net Lease Real Estate Index (NETLXT), calculated by Nasdaq, as Public Net Lease Sector Expands Amidst Market’s Hunt for Yield & Liquidity

PHOENIX–(BUSINESS WIRE)–Fundamental Income, index provider and sponsor of NETL – The Net Lease Corporate Real Estate ETF (NYSE arca: NETL),announces that New York-based real estate investment trust Broadstone Net Lease (NYSE: BNL) is being added to its proprietary index, calculated by Nasdaq, The Fundamental Income Net Lease Real Estate Index (NETLXT).

The Fundamental Income Net Lease Index, calculated by NASDAQ, defines and tracks the publicly traded Net Lease real estate sector, which has grown from 11 public REITs in 2008, to over 25 today, representing over $120 billion in cumulative market cap, traded on the NYSE and NASDAQ. Fundamental Income is the Index Provider to the NETLease Corporate Real Estate ETF, (NYSEArca: NETL), launched by Exchange Traded Concepts.

“Net lease continues to be one of the fastest growing segments of the real estate market,” said Fundamental Income’s CIO, Alexi Panagiotakopoulos. “As businesses across the country recover from Covid-19, many are choosing to unlock static capital by selling and leasing their real estate back rather than owning, contributing to the growth of the net lease index, and increasing demand for the strategy as investors hunt for risk-adjusted yield.”

This news comes in the wake of Broadstone’s recent IPO, a move that shows the continued growth in the net-lease sector as businesses across America turn to sale leaseback options to increase liquidity and expand operations more efficiently than if they owned and financed their real estate themselves.

Net Lease REITs are equity REITs that own properties leased to single tenants under long-term, net lease agreements which specify that, in addition to rent, the tenant is responsible for most, if not all, property expenses.

Amongst other qualifications, a security must meet the following minimum criteria to be considered for the index by the index selection committee:

  • Classified as a Net Lease Real Estate security as specified by Fundamental Income;
  • Listed on The Nasdaq Stock Market, the New York Stock Exchange, NYSE American or the CBOE Exchange; and
  • Minimum worldwide market capitalization of $200 million.

“While many real estate funds may contain Net Lease REITs as a smaller part of their holdings, the net lease index is a pure-play strategy,” said Panagiotakopoulos, “owning solely Net Lease REITs, allowing investors to target long-term contractual cash flows that track a consistent and common business model.”

About Fundamental Income

Led by seven investment partners with over 50 years and $15 billion of cumulative transaction history, Fundamental Income is a net lease platform, focused on investing in single-tenant commercial properties, net leased to middle-market businesses operating in a wide variety of industries that directly or indirectly serve the US consumer. Fundamental Income provides real estate capital solutions and sale-leasebacks to businesses and business owners with established and growing operations across the United States. In addition to founding the Net Lease Real Estate Index, the Company also raised $500 million of equity from a fund managed by Brookfield Asset Management (NYSE: BAM) to build a private, net lease platform.

For more information, please visit www.fundamentalincome.com

About the Fundamental Income Net Lease Real Estate Index (NETLXT)

NETLXT is a rules-based, passive index that, for the first time, defines and tracks the performance of the rapidly expanding Net Lease real estate sector in a diversified manner. The Index uniquely defines a sector not by the underling property types, e.g., industrial, retail, office, etc., but rather by the controlling legal document known as a “net lease,” which can be used with any property type. The Index includes only equity REITs which derive the majority of their revenue from net leases, i.e., “Net Lease REITS.” The Index also places important limitations on concentration in any one constituent or tenant which aims to create a diversified portfolio spanning multiple companies, investment teams, tenant industries, property types, geographic locations, and, most importantly, tenants.

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus, which may be obtained by visiting www.netleaseetf.com. Read the prospectus carefully before investing.

Investing involves risk; Principal loss is possible.

Quasar Distributors, LLC, distributor.

Fundamental Income Media Contact:

Lyceus Group

Tucker Slosburg

[email protected]

206.652.3206

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

MEDIA:

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SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of ELY, LOAC, ROCH, and NGA Mergers

WILMINGTON, Del., Dec. 17, 2020 (GLOBE NEWSWIRE) —

Rigrodsky & Long, P.A. announces that it is investigating:

Callaway Golf Company (NYSE:

ELY

) regarding possible breaches of fiduciary duties and other violations of law related to Callaway’s agreement to merge with Topgolf International, Inc. Under the terms of the agreement Callaway will issue a number of shares of Callaway common stock to shareholders of Topgolf. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-callaway-golf-company.

Longevity Acquisition Corporation (NASDAQ GS:

LOAC

) regarding possible breaches of fiduciary duties and other violations of law related to Longevity’s agreement to merge with 4D Pharma PLC. Under the terms of the agreement, Longevity’s shareholders will receive 7.5315 ordinary shares of 4D Pharma per share. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-longevity-acquisition-corporation.

Roth CH Acquisition I Co. (NASDAQ GS:

ROCH

) regarding possible breaches of fiduciary duties and other violations of law related to Roth’s agreement to merge with PureCycle Technologies LLC. Under the terms of the agreement, upon completion of the merger, PureCycle’s shareholders will own approximately 70.6% of the combined company and shareholders of Roth will own approximately 8.3% of the combined company. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-roth-ch-acquisition-i-co.

Northern Genesis Acquisition Corp. (NYSE:

NGA

) regarding possible breaches of fiduciary duties and other violations of law related to Northern Genesis’ agreement to merge with The Lion Electric Company. Under the terms of the agreement, upon completion of the merger, Lion Electric’s shareholders will own approximately 70% of the combined company. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-northern-genesis-acquisition-corp.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:         

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com



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Covid-19: MedinCell Presents Positive First Results From the Clinical Trial Aiming at Validating the Safety of Continuous Administration of Ivermectin

Covid-19: MedinCell Presents Positive First Results From the Clinical Trial Aiming at Validating the Safety of Continuous Administration of Ivermectin

MONTPELLIER, France–(BUSINESS WIRE)–
MedinCell (Paris:MEDCL):

Study’s first results presented at the international “Collaborative Workshop – Ivermectin against Covid-19” held on December 15, 16 and 17 at the initiative of MedinCell.

No side effects observed with the first two doses in the study, which includes a total of three doses.

A first long-acting injectable formulation is ready to enter regulatory development.

Access the complete press release.

About MedinCell

MedinCell is a clinical stage pharmaceutical company that develops a portfolio of long-acting injectable products in various therapeutic areas by combining its proprietary BEPO® technology with active ingredients already known and marketed. Through the controlled and extended release of the active pharmaceutical ingredient, MedinCell makes medical treatments more efficient, particularly thanks to improved compliance, i.e. compliance with medical prescriptions, and to a significant reduction in the quantity of medication required as part of a one-off or chronic treatment. The BEPO® technology makes it possible to control and guarantee the regular delivery of a drug at the optimal therapeutic dose for several days, weeks or months starting from the subcutaneous or local injection of a simple deposit of a few millimeters, fully bioresorbable. Based in Montpellier, MedinCell currently employs more than 130 people representing over 25 different nationalities.

MedinCell

David Heuzé

Communication leader

[email protected]

+33 (0)6 83 25 21 86

NewCap

Mathilde Bohin / Louis-Victor Delouvrier

Investor relations

[email protected]

+33 (0)1 44 71 98 53

NewCap

Nicolas Merigeau

Media relations

[email protected]

+33 (0)1 44 71 94 98

KEYWORDS: France Europe

INDUSTRY KEYWORDS: Health Infectious Diseases Clinical Trials Research Science Pharmaceutical Biotechnology

MEDIA: